Why A Record Number of CEOs (Except Auto CEOs) Are Stepping Down

In the past six months, we've seen CEOs from major companies like Nestlé, Boeing, Starbucks, Amazon Web Services, and more step down from their top roles, leaving behind businesses with trillions in annual revenue. This sudden wave of departures raises questions: Why now? CEO turnover is at its highest since the pandemic, and while layoffs have surged across industries, this level of executive exit is unusual.

But what about those in the Auto Sector who have been managing and overseeing lackluster sales, high prices, high inventory levels and worker strikes?

Let's dive into why so many CEOs have decided to step down, and what it means for the future of the various sectors.

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